Acorn International
Market Cap
US$27.5m
Last Updated
2020/04/10 04:03 UTC
Data Sources
Company Financials
Executive Summary
Acorn International, Inc., an integrated multi-platform marketing company, develops, promotes, and sells products in the People’s Republic of China.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and fair value.
Similar Companies
Share Price & News
How has Acorn International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ATV has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.6%
ATV
6.8%
US Online Retail
9.4%
US Market
1 Year Return
-65.6%
ATV
5.7%
US Online Retail
-6.8%
US Market
Return vs Industry: ATV underperformed the US Online Retail industry which returned -1.1% over the past year.
Return vs Market: ATV underperformed the US Market which returned -15.9% over the past year.
Shareholder returns
| ATV | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.6% | 6.8% | 9.4% |
| 30 Day | -17.1% | 3.3% | -3.9% |
| 90 Day | -43.1% | -2.3% | -16.5% |
| 1 Year | -63.1%-65.6% | 5.8%5.7% | -4.8%-6.8% |
| 3 Year | 137.5%13.5% | 82.7%82.4% | 23.4%15.2% |
| 5 Year | 307.5%94.8% | 187.4%175.4% | 41.3%25.7% |
Price Volatility Vs. Market
How volatile is Acorn International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall St
Why Acorn International, Inc. (NYSE:ATV) Is A Top Dividend Stock6 months ago | Simply Wall St
Do Institutions Own Acorn International, Inc. (NYSE:ATV) Shares?8 months ago | Simply Wall St
These Factors Make Acorn International, Inc. (NYSE:ATV) An Interesting InvestmentValuation
Is Acorn International undervalued compared to its fair value and its price relative to the market?
0.86x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ATV's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ATV's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ATV is good value based on its PE Ratio (0.9x) compared to the Online Retail industry average (21.1x).
PE vs Market: ATV is good value based on its PE Ratio (0.9x) compared to the US market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ATV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ATV is good value based on its PB Ratio (0.4x) compared to the US Online Retail industry average (2.1x).
Next Steps
Future Growth
How is Acorn International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
22.2%
Forecasted Retail industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Acorn International has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Acorn International is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Acorn International competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Retail industry.
Past Performance
How has Acorn International performed over the past 5 years?
68.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATV has a large one-off gain of $5.1M impacting its December 31 2019 financial results.
Growing Profit Margin: ATV's current net profit margins (24%) are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: ATV has become profitable over the past 5 years, growing earnings by 68.3% per year.
Accelerating Growth: ATV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ATV had negative earnings growth (-72.2%) over the past year, making it difficult to compare to the Online Retail industry average (18.4%).
Return on Equity
High ROE: ATV's Return on Equity (12.2%) is considered low.
Next Steps
Financial Health
How is Acorn International's financial position?
Financial Position Analysis
Short Term Liabilities: ATV's short term assets ($33.6M) exceed its short term liabilities ($13.5M).
Long Term Liabilities: ATV's short term assets ($33.6M) exceed its long term liabilities ($1.2M).
Debt to Equity History and Analysis
Debt Level: ATV is debt free.
Reducing Debt: ATV has no debt compared to 5 years ago when its debt to equity ratio was 9.3%.
Debt Coverage: ATV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ATV has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Acorn International's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ATV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ATV's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ATV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ATV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ATV is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ATV's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Jake Fisch (42yo)
2.42s
Tenure
Mr. Jacob A. Fisch, also known as Jake, has been the President of Acorn International, Inc. since 2014 and has been its Chief Executive Officer since November 3, 2017. Mr. Fisch serves as a Partner at NEST ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 4.92yrs | no data | 33.75% $9.3m | |
| President & CEO | 2.42yrs | no data | 1.9% $521.9k | |
| Vice President of Business Operations | 4yrs | no data | no data | |
| Chief Financial Officer | 1.67yrs | no data | no data | |
| General Counsel | 1.75yrs | no data | no data | |
| Vice President of Human Resources | 1.83yrs | no data | no data | |
| Financial Controller | 1.67yrs | no data | no data |
1.8yrs
Average Tenure
41.5yo
Average Age
Experienced Management: ATV's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 4.92yrs | no data | 33.75% $9.3m | |
| Lead Director | 2.67yrs | no data | 0.039% $10.7k | |
| Independent Director | 2.58yrs | no data | no data | |
| Independent Director | 3.58yrs | no data | no data | |
| Independent Director | 2.25yrs | no data | no data |
2.7yrs
Average Tenure
57yo
Average Age
Experienced Board: ATV's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Acorn International, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Acorn International, Inc.
- Ticker: ATV
- Exchange: NYSE
- Founded: 1998
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: US$27.487m
- Shares outstanding: 2.58m
- Website: https://www.acorninternationalgroup.com
Number of Employees
Location
- Acorn International, Inc.
- YueShang Plaza
- 5th Floor
- Shanghai
- 200042
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ATV | NYSE (New York Stock Exchange) | Yes | SPON ADR EA REP 20 ORD SHS | US | USD | May 2007 |
| FEMA | DB (Deutsche Boerse AG) | Yes | SPON ADR EA REP 20 ORD SHS | DE | EUR | May 2007 |
Biography
Acorn International, Inc., an integrated multi-platform marketing company, develops, promotes, and sells products in the People’s Republic of China. It operates through two segments, Direct Sales and Distribution Sales. The company, through its direct sales business platform, markets and sells products directly to consumers through its Internet/e-commerce sales platform, and outbound marketing platform. It also provides its products through offline distribution and e-commerce distribution network. The company offers health and collectible, mobile phones, kitchen and household, fitness, cosmetics, consumer electronics, and other products. Acorn International, Inc. was founded in 1998 and is headquartered in Shanghai, the People’s Republic of China.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/10 04:03 |
| End of Day Share Price | 2020/04/09 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.